2010-07-28 10:41:21
CPO plantation Sampoerna Agro (SGRO) reported net earnings of Rp131bn in 1H10, grew by 37.8% YoY from Rp95bn last year. The results was lower than market consensus, represent only around 33% of the consensus Rp398.5bn in FY10. Sales rose by more than 32% YoY to Rp745.7bn on higher production volume. During a meeting yesterday, the management informed that the acquisition of National Sago Prima (NSP) has completed increasing its ownership to 91.85% from previously 75.5%. Source: The Company
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